The recent increase in interest rates announced by the Bank of England leaves us with no more clarity about the direction of monetary policy than we had before the micro-adjustment.
Indeed, the increase raises rather more questions than it resolves. Ostensibly, the 0.25% move simply reverses the rather ill-judged post referendum cut. However, we have no clear understanding...
Helped by pension freedoms
Completed merger in August
'Very volatile commodity'
£25bn single strategy business
Strategic partnership with Ventre and Zagame